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EIC Fund Supports European Deeptech Startups with €3.5bn
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The European Innovation Council Fund (EIC Fund) is Europe's most active investor, backing over 159 deeptech startups with a €3.5bn fund. The EIC Fund supports companies through grants and equity investments, offering a unique combination of funding options. Healthtech was the most popular sector for investment, with a focus on non-invasive heart failure monitors and hyperbaric oxygen therapy chamber makers. The EIC Fund aims to support over 500 startups in the region over the next five years.
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How does the EIC Fund's approach to funding deeptech startups differ from other investors?
What are some specific examples of startups that have received funding from the EIC Fund?
What are the potential benefits for startups in the EIC Fund's blended finance option?
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